CHINA | WHAT REALLY HAPPENED

CHINA

May 09 07:03

NSA gets hacked trying to hack China

May 08 11:49

Behind The Recent Crypto Surge? Chinese Banks Are Quietly Running Out Of Dollars

The catalyst has remained unclear - anticipation of an ETF? Growing institutional interest? Short-squeeze? Manipulation? Or, just plain old safe-haven flows as various nations around the world collapse into totalitarianism?

We may have found one, rather large, answer - from China, where, as SCMP reports, authorities have quietly begun 'soft' capital controls on foreign currency withdrawals

Chinese banks have increased their scrutiny of foreign-currency withdrawals and quietly reduced the amount of US dollars people are allowed to withdraw, tightening the country’s capital controls as the nearly year-long US-China trade war bites.

The issue was thrust into the spotlight on Friday when a viral video clip showed a bank cashier unable to answer a furious customer demanding to know why she was not allowed to withdraw US$200 from her dollar-denominated account, even though she was within her quota.

May 08 11:37

China ramps up crude oil imports despite Washington’s clampdown on Iran

Oil imports by China unexpectedly surged in April to a record despite refinery maintenance outages and tepid domestic fuel demand, according to data from the Chinese General Administration of Customs.

Imports amounted to 43.73 million tons of crude or 10.64 million barrels per day (bpd), customs data showed. That compared with 9.26 million bpd in March and was up 11 percent from the April 2018 level, according to Reuters calculations.

“The crude imports exceeded our expectations as both domestic refinery production and margins do not appear to support such high volumes of purchases,” said Wang Zhao, head of crude oil research at Sublime China Information.

May 08 11:34

China to Conduct More Cyber Attacks Against US - Pompeo

The United States should be ready for China conducting more cyber-attacks in the future, US Secretary of State Mike Pompeo said during a speech at the Centre for Policy Studies in London.

"The APT10 Group [Advanced Persistent Threat 10 hacking group] acted on behalf of the Chinese Ministry of State Security to steal intellectual property and sensitive commercial data from Europe, and from Asia, and from the United States. We appreciate the United Kingdom publicly calling out China for that cyber-attack, there will be more, and we must be ever vigilant", Pompeo said.

The statement comes after US-based cybersecurity firm FireEye claimed in March that the APT40 hacking group conducted a cyber espionage operation targeting crucial technologies to bolster China's navy.

May 08 11:28

Breaking Down Pompeo’s Verbal Assault on Russia and China’s Arctic Interests

The US transpolar territory is much smaller than that of Russia, Canada and Denmark. And in fact the US doesn’t really have territories bordering the Arctic Ocean. In this regard, we have to distinguish between territories above the Arctic Circle, which is the imaginary line at the 66th parallel, and those bordering the Arctic Ocean, which defines the Arctic region. From a geographic standpoint, the US is not an Arctic Nation because it does not have territories bordering the Arctic Ocean.

Webmaster's Commentary: 

Not counting Alaska, I guess.

May 08 10:47

Nuclear War Vs. Belt And Road Initiative: Why China Will Prevail

The global trend in international relations is often difficult to discern. But one can be helped in this task by looking at two events, organized in Washington and Beijing, comparing the different themes, participants, objectives, and broached for discussion. After all, we are talking about the two largest economies in the world, two colossi directing and shaping global culture, behavior and world opinion.

May 08 09:40

Russia-China Alignment Challenges U.S. Hegemony

Markets are reeling from Trump's declaration via Twitter that tariffs will be increased from 10 percent to 25 percent on $200 billion worth of Chinese goods. This is happening in the same week in which U.S. Navy destroyers sailed near islands in the South China Sea claimed by China, and as the Pentagon published the 2019 China Military Report. The report says China is building an army capable of global intervention and accuses China of conducting espionage in order to accumulate military knowledge.

Actual Chinese foreign policy, however, is currently focused not on the United States, but westwards towards Central Asia and Europe as part of the One Belt, One Road Initiative (OBOR). China has one offshore military base in Djibouti and the One Belt, One Road Initiative will place another in Pakistan.

May 08 09:29

Scott Adams: China, Iran, NK, Trump Taxes, Socialism, Coffee, and Guns

Comments at: https://twitter.com/ScottAdamsSays/status/1126125111462047745

Gun control proposal: Make it illegal for Democrats to own guns
Why would Dems object? Solves half the problem
Another Proposal: ALL gun owners REQUIRED to join NRA
They promote gun safety, responsible use, important stuff
NRA membership is essentially gun control and safety
Jerry Nadler and Congressional Oversight
Manufacturing crimes and stalking President Trump
People are being manipulated into committing crimes…
…without even realizing they’re committing a crime
NYT legally obtained some…illegally obtained, Presidential tax info
If you understand business and taxes, smart, legal tax stuff
If you understand finance, nothing unusual in his taxes
China is smart, nobody says they aren’t
They’re stalling for time, wearing down the other side

May 08 03:46

Trump’s China Tweet

May 07 11:43

Markets Re-Plunge As Lighthizer Confirms Tariff-Hikes After China Reneges On Promises

While a Chinese delegation is still scheduled to visit Washington as planned this week, with talks to take place Thursday and Friday, U.S. Trade Representative Robert Lighthizer told reporters Monday that the Trump administration plans to increase duties on Chinese imports at 12:01 a.m. on Friday, accusing Beijing of backpedaling on commitments it made during negotiations.

U.S. and China had been making substantial progress on a trade deal, but in the past week China has reneged on some of its promises:

“We felt we were on track to get somewhere. Over the course of last week we have seen an erosion of commitments by China,” Lighthizer said, adding that significant issues remain unresolved, including whether tariffs will remain in place.

The result, more than half of the intraday gains have been erased already...

May 07 11:35

Bannon: We're In An Economic War With China. It's Futile To Compromise

Getting tough with China to bring manufacturing jobs back to the United States was the linchpin of President Trump’s electoral march through the Rust Belt during his 2016 victory. Today, the goal of the radical cadre running China — the Chinese Communist Party (CCP) — is to be the global hegemonic power. The president’s threatened tariffs on Sunday demonstrate the severity of this threat. But as Washington and Beijing wrap up months of negotiations on a trade deal this month, whatever emerges won’t be a trade deal. It will be a temporary truce in a years-long economic and strategic war with China.

These are six “understandings” that highlight why it is futile to compromise with this regime.

May 07 11:16

Pompeo says Canadian claim to Northwest Passage is 'illegitimate'

Canada's claim over the Northwest Passage is "illegitimate," U.S. Secretary of State Mike Pompeo said Monday in a major speech to the Arctic Council that Canadian experts called both provocative and frequently inaccurate.

Pompeo offered his characterization during a wide-ranging speech in Finland in which he also warned against China's increased Arctic presence, saying it threatens North American security and could be harmful to the environment.

May 07 10:46

Hands off the Arctic: US Secretary of State Mike Pompeo warns China & Russia away from the north

US Secretary of State Mike Pompeo has warned China and Russia to “respect our interests” in the Arctic, or face the consequences.

Frozen and desolate, the Arctic region looks set to be the next frontier for competition between the US, Russia, and China. Speaking at a meeting of the Arctic Council in Finland on Monday, Pompeo launched a broadside against the US’ competitors in the region, particularly China.

“Arctic seaways could become the 21st century Suez and Panama canals,” America’s top diplomat stated.

May 07 10:25

Pentagon Report on China’s Military Expansion: ‘Hypocrisy,’ Says Col. Lawrence Wilkerson

Two U.S. Navy warships sailed near disputed islands claimed by China in the South China Sea on Monday. The Navy called this a “freedom of navigation” operation, used to reinforce that the area in question is still governed by international law.

This comes at a time of tense relations between China and the United States: On Monday, the Trump administration announced they would impose additional trade tariffs on Chinese goods, and late last week, the Pentagon released a report that said China is using espionage to try to become a leading global military power.

May 06 12:24

Beijing Says Trade Delegation's Trip To Washington Still Happening Despite Trump Threats

With Chinese stocks down a staggering 6% on Monday during their worst session in three years, Chinese state media scrambled to project an air of calm. Though his comments did little to quiet stormy markets, Chinese foreign ministry spokesman Geng Shuang told reporters Monday that a trade delegation is still "preparing to travel to the U.S. for trade talks" or what was - according to the US, at least - supposed to be the 'final round' of negotiations. However, he declined to say whether Vice Premier Liu He would join the delegation, Reuters reported.

May 06 11:22

S&P Futures Plummet As China Said To Cancel Washington Trade Trip, All Eyes On S&P 2,890

It's only appropriate that the S&P may be about to suffer its biggest drop of the year one day after hitting a new all time high.

For those who are only now catching up, the reason why futures are tumbling is that just after 12pm ET, Trump tweeted that trade talks - which according to the White House, media leaks and Larry Kudlow would be basically concluded by next week - are instead effectively dead, as the current 10% tariff will spike to 25% on Friday, while an additional $325BN in goods will be subject to new trade tariffs.

Some saw in Trump's tweet a retaliation for Friday's North Korea ballistic missile launch, the first since 2017, and one which would not have happened without the explicit blessing of Beijing.

May 06 10:13

US-China Trade Talks Tensions Escalate As Trump Threatens 25% Tariffs On $200B Goods

Wall Street is expected to take a grim view of president Donald trump’s decision to impose tariffs of 25 percent on Chinese goods starting May 10, an indication that trade talks with China haven't moved forward despite months of administration claims of steady progress.

Trump unexpectedly announced the 25 percent jump in U.S. tariffs on $200 billion worth of Chinese goods on Sunday, and said 25 percent tariffs on $325 billion of Chinese goods will be imposed “shortly.”

May 06 06:47

US warships sail through disputed South China Sea as Trump prompts trade war escalation with Beijing

Two US warships have sailed through the South China Sea, a move that has angered Beijing. The naval maneuver comes a day after Donald Trump threatened China with more tariffs as part of an ongoing trade war.

The US military has confirmed that two of its warships sailed near islands claimed by Beijing in the South China Sea on Monday. China says the waterway is part of its territorial waters, while Washington insists that the sea is open to international transit under the principle of “freedom of navigation.”

The US guided-missile destroyers ‘Preble’ and ‘Chung Hoon’ traveled within 12 nautical miles of Gaven and Johnson Reefs in the Spratly Islands, Reuters reported.

May 06 04:25

China slams US warships operation in South China Sea

China says the entry of vessels in disputed sea is a violation of its sovereignty amid tense ties between two nations.

Two US warships sailed near islands claimed by China in the South China Sea on Monday, the US military said, in a move condemned by Beijing at a time of tense relations between the world's two biggest economies.

The US guided-missile destroyers Preble and Chung Hoon travelled within 12 nautical miles of Gaven and Johnson Reefs in the Spratly Islands, a US military spokesperson told Reuters news agency.

Commander Clay Doss, a spokesman for the Seventh Fleet, said that the "innocent passage" was "to challenge excessive maritime claims and preserve access to the waterways as governed by international law."
***
"The relevant actions of the US warships violated China's sovereignty and undermined peace, security and good order in the relevant sea areas," ministry spokesman Geng Shuang said at a press briefing.

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Trump's renewed threat for China tariffs spooks markets

May 04 09:05

U.S IN PANIC: China Developing Futuristic Electromagnetic Weaponry

China is developing a series of potentially disruptive technologies, including electromagnetic firearms and directed energy weapons, according to a new report by the US Department of Defense on Thursday.

“China is pursuing a number of advanced military capabilities with disruptive potential such as hypersonic weapons, electromagnetic railguns, directed energy weapons, and counterspace capabilities,” the Defence Department said in its 2019 China Military Power Report to Congress.

The report also recalls that China successfully tested hypersonic vehicles last year.

May 04 08:32

Pentagon: Flattop to join Chinese fleet this year

China’s first domestically built aircraft carrier is likely to enter service this year, marking another advance in Beijing’s ability to project influence well beyond its shores, the Pentagon said Thursday in an updated assessment of Chinese military power.

The report to Congress comes amid increased emphasis by the Pentagon on adjusting to what it sees as an emerging challenge from China not only in naval strength but also in cyber capabilities, space power and missile technologies.

May 04 08:31

Pompeo to Portray China as a Threat in Major Arctic Policy SpeechWill reject China's claim of being a 'near-Arctic state'

One day after the Pentagon issued a new report dramatically hyping China as a grave threat to the United States, Secretary of State Mike Pompeo is said to be planning a major anti-China speech during his visit to Finland on Monday.

Monday’s speech is expected to be a major US policy speech on the Arctic, and territorial claims therein. Pompeo is expected to spin China as threatening the entire Arctic, and will reject Chinese claims to be a “near-Arctic state” because of its interest in using the area as a shipping route.

The focus of Pompeo’s attack on China, however, is likely to be totally distinct from the Arctic, and just a continuation of the flurry of vague allegations that the Pentagon started with in its own report, part of a broader US policy to portray China as a major enemy and threat to American dominance worldwide.

Webmaster's Commentary: 

I have to wonder; when Pompeo was a kid in elementary school, did he ever get a gold star on his report card in that little section, "Works well with others"?!?!?

Because right now, with the exceptions of Israel and Saudi Arabia, the man appears to be the most consistently disagreeable guy in DC.

These are threats, engineered to get ever-more money for the Pentagon, and arrived at by some very dubious thought processes, most of which have little to no foundation in facts.

And Secretary Pompeo, there is a question which haunts me, and I think my brother and sister Americans deserve a straight answer here: why is the US government objecting to the "Silk Road" concept, rather than joining it, and enabling American companies to trade with Chinese companies, and vise versa?!?

Trading always trumps war, in my world, at least.

May 04 07:40

China's Mass Surveillance App Hacked; Code Reveals Specific Criteria For Illegal Oppression

Human Rights Watch got their hands on an app used by Chinese authorities in the western Xinjiang region to surveil, track and categorize the entire local population - particularly the 13 million or so Turkic Muslims subject to heightened scrutiny, of which around one million are thought to live in cultural 'reeducation' camps.

By "reverse engineering" the code in the "Integrated Joint Operations Platform" (IJOP) app, HRW was able to identify the exact criteria authorities rely on to 'maintain social order.' Of note, IJOP is "central to a larger ecosystem of social monitoring and control in the region," and similar to systems being deployed throughout the entire country.

The platform targets 36 types of people for data collection, from those who have "collected money or materials for mosques with enthusiasm," to people who stop using smartphones.

Webmaster's Commentary: 

Don't think for a second, that the US government, and its "alphabet soup" agencies, are not SALIVATING to get their hands on this, in order to "completely judge and control" all American citizens.

May 04 07:36

Biden Was Wrong: Defense Department Says China Plans To Replace US, Become Top Power

It looks like President Trump was right yet again when he put Joe Biden on blast for being "very naive" about China after the 2020 Democratic frontrunner said the world's second-largest economy "is not competition for us."

"If Biden actually said that, that’s a very dumb statement," Trump said in a Thursday interview with Fox News.

Considering the brewing tit-for-tat antagonisms between the American Navy and People's Liberation Army-Navy in the Strait of Taiwan and the South China Sea, it's hard to believe that any American politician - much less one vying to be the commander-in-chief of the American military - would write China off so easily.

Webmaster's Commentary: 

(Sigh.) We could be doing so much better, economically, if the emphasis was to "engage" rather than "enrage" countries around the world, China being one of the worst examples of US foreign policy, ever.

And at an extraordinarily delicate time in trade negotiations between the US and China?!?

This is so seriously screwed up, I hardly know where to begin.

May 04 07:08

Pentagon Warns Of Chinese Nuclear Subs Expanding Into Arctic Via "Polar Silk Road"

A new Pentagon report released late this week has voiced deep concern over increased Chinese military presence in the Arctic region, including nuclear-powered ballistic missile submarines, which Beijing plans to produce at least five more of by 2020.

The Pentagon assessment explores and analyzes China's potential to erect a “Polar Silk Road” as an extension of President Xi Jinping’s ambitious Belt and Road Initiative. This would include likely deployment of security assets, such as submarines acting as nuclear deterrents and military bases in far-flung locations, found the report.

Beijing itself hasn't been secretive about this scenario, given it published an Arctic policy white paper last June, which outlined long term strategic expansion into the globe's northernmost climes, despite China's geography as a non-Arctic state.

Some of the highlights of the Pentagon report are as follows...

* * *

Military expansion under the guise of civilian research

Webmaster's Commentary: 

Another pathetic bid for more money to "answer this Chinese challenge"??!?

Sorry, Pentagon; but until you can prove the spending of every CENT you have collected over the last 20 years, and why it has not anticipated this need much sooner, your funds should be rationed, like the allowance of some pimply teenager, always begging mom and dad for more.

This combination of a nearly pathological lack of planning, coupled with hog-wild spending, generally proven to be "sound and fury, signifying nothing", in terms of real-world weaponry capabilities has to stop, and right the heck now.

May 03 12:30

Pig ‘Ebola’ Virus Sends Shock Waves Through Global Food Chain

What started with a few dozen dead pigs in northeastern China is sending shock waves through the global food chain.

Last August, a farm with fewer than 400 hogs on the outskirts of Shenyang was found to harbor African swine fever, the first ever occurrence of the contagious viral disease in the country with half the world’s pigs. Forty-seven head had died, triggering emergency measures including mass culling and a blockade to stop the transportation of livestock. Within days, a government notice proclaimed the outbreak “effectively controlled.”

It was too late. By then, the disease had literally gone viral, dispersed across hundreds of miles in sickened animals, contaminated food, and in dirt and dust on truck tires and clothing. Nine months later, the contagion has spread nationwide, crossed borders to Mongolia, Vietnam and Cambodia, and bolstered meat markets globally.

May 03 11:34

China poised to deploy stealth fighters in South China Sea says US as tensions mount

CHINA will “keep pushing the envelope”, particularly in the South China Sea region, as it prepares to unveil its first stealth fighter before the end of the year, and is also developing long-range bombers capable of carrying nuclear weapons, a top US Air Force commander has warned.

May 03 10:39

China and Russia: Whoopin' Uncle Sam at His Own Game

Your Geopolitical Quiz for the Day:

Two countries are embroiled in a ferocious rivalry. One country’s meteoric growth has put it on a path to become the world’s biggest economic superpower while the other country appears to be slipping into irreversible decline. Which country will lead the world into the future?

May 03 10:38

Pentagon Hypes ‘China Threat’ With Eye Towards a Bigger Budget

The US military vastly outspends every other military on the planet, and has capabilities that far outstretch all others, hampered, if at all, by the fact that the US is constantly embroiled in myriad wars around the world.

The news that Russia has fallen out of the top five in military spending, however, makes them an increasingly difficult “threat” to hype up. After all, the US is outspending them at least ten-fold.

China is in second place on the list, and even if they’re far behind the US, that seems to be where the Pentagon is focusing. The idea that China is likely to build its first aircraft carrier this year is presented as an effort to “contest US military superiority” in the region.

All Chinese equipment the Pentagon mentioned in their new report, they only have a small fraction of what the US has. On top of that, the report hypes Chinese hackers, and accuses ethnic Chinese people in general of being willing to “advance China’s interests.”

May 02 10:55

Russia Sends China Replacements for Storm-Damaged S-400 Missiles - Reports

Replacement missiles for the S-400 anti-air missile system sold to China by Russia last year have been sent, according to media reports. Some of the system’s missiles and other equipment were damaged in a storm in the English Channel in December 2017.

The replacement missiles departed from Russia at the beginning of April, The Diplomat reported, citing Russian military diplomatic sources. It's not known how many of the interceptors were damaged and required replacement.

Beijing bought six units of the advanced anti-air interceptor system in 2015 for $3 billion, but the first batch was delivered only in April 2018, following several months of delays caused by a storm in the English Channel in December 2017. The tempest damaged several components of the system, including some of the missiles and auxiliary equipment, causing the ship to turn back, Sputnik reported, citing Russia's defense industry cooperation service.

May 01 12:06

Washington Warns Beijing: 'Paramilitary' Fishing Boats Will Now Be Treated Like Combatants

As the US continues its increasingly daring and extremely provocative "freedom of navigation" operations in the Strait of Taiwan and South China Sea, it's also growing more vocal about challenging China's increasingly expansionary military presence in the Pacific. Over the weekend, the US has warned Beijing that the US military would aggressively respond to provocative acts by China's coast guard and fishing boats in the same way it reacts to the Chinese navy.

May 01 11:01

Washington Warns Beijing: 'Paramilitary' Fishing Boats Will Now Be Treated Like Combatants

As the US continues its increasingly daring and extremely provocative "freedom of navigation" operations in the Strait of Taiwan and South China Sea, it's also growing more vocal about challenging China's increasingly expansionary military presence in the Pacific. Over the weekend, the US has warned Beijing that the US military would aggressively respond to provocative acts by China's coast guard and fishing boats in the same way it reacts to the Chinese navy.

Webmaster's Commentary: 

Mr. President, why in the name of heaven, why are you being more brutally verbally aggressive than ever to Chinese leadership, when trade negotiations between China and the US are already on rocky ground?!?

IF there is a logical reason for this, I would certainly like to hear what the rationale is for this statement; otherwise, it appears like sheer madness, from a perspective of logic, reason, and the importance of "face", in Asian cultures.

May 01 10:54

Joint Russia-China Naval Drills Kick Off After 2 US Warships Enter Taiwan Strait

Early this week Chinese media confirmed that Russian warships arrived in Qingdao, a port city in East China's Shandong Province, at the start this week's join China-Russia naval exercises.

The Russian fleet included the Varyag guided missile cruiser, a submarine, two anti-submarine ships, a corvette, a landing ship, a tanker and a rescue vessel, according to China's Global Times.

Early this week Chinese media confirmed that Russian warships arrived in Qingdao, a port city in East China's Shandong Province, at the start this week's join China-Russia naval exercises.

The Russian fleet included the Varyag guided missile cruiser, a submarine, two anti-submarine ships, a corvette, a landing ship, a tanker and a rescue vessel, according to China's Global Times.

Webmaster's Commentary: 

Please, LORD, let nothing go wrong in any of these exercises, or from the two US carriers now passing off the coast of Taiwan.

As someone celebrating her 70th birthday next week, I have rarely seen a time in American history, where things just seem to be drifting towards a war, and possibly a global war at that.

It's kind of like that archetypal dream, about two trains, running head long , right at each other on the same track, and not being able to stop them.

What do I want of my government?!? That it actually does start indulging in moral, thoughtful, hard-won negotiations with China and Russia; you know, those kinds of actions which deepen confidence and trust?!?

I am absolutely sure that if I spoke Russian, or Cantonese, and could speak to mothers of kids who just got drafted into either country's military (or perhaps enlisted), they would be both very proud of their kids' participation in those armies, but would agree with me, that peace; the rule of law; commerce; and intelligent, thoughtful planning, need to reign in human society.

Otherwise, humankind may just blow itself to kingdom come, and leave a fractured, horrific planet in its wake, incapable of regrowth or rebirth.

Unfortunately, those in the Bowels of Power in DC, do not seem to understand this right now. And the only modalities they seem to believe will work, in a desperate attempt to stabilize the US economy, are to continue to expropriate resources to which they have no moral right, and insure that they are sold only in US dollars.

Their tools right now are are demonisation; destabilization; and wars to insure the "end game" winds up entirely positively for the US government.

But the problem with this attitude, which comes to us from the great Greek storytellers, is hubris; an over-arching pride which makes one believe that you can do anything you want, without any moral, or physical, repercussions happening at all.

Unfortunately, the real world does not ultimately work in this manner; there is a cost, or costs to specific actions and choice, which can be horrendous.

The casualty counts in current US declared, and undeclared wars, is staggering, both for the indigenous people who live there, and our troops.

And the broken lives, and bodies, again, of both the people we are bombing, and our troops, who wind up maimed for life, from these wars, suggest a better, more peace-centric process is desperately needed by the US government, and to work to stay away from wars as its "only solution" to geopolitical and economic challenges.

May 01 09:52

$1 Billion In Iranian Crude Is Stranded At A Chinese Port

It's no secret that Beijing has chafed at American audacity to try and dictate whom Chinese refineries can and can't buy oil from. And in the latest example of just how aggravating the decision to end waivers for Iranian crude imports has been for the world's second-largest economy, Reuters reported that some 20 million barrels of Iranian crude have been languishing at the northeastern port of Dalian for months, but because of the US's decision to re-impose sanctions on Iran back in November, nobody wants to touch the oil.

China filed a formal complaint with the US over its decision to end the waivers, but the US has refused to consider any exceptions to its plans to reimpose full sanctions.

As one analyst told Reuters, no Chinese company will touch the oil unless specifically instructed to do so by the Chinese government.

Webmaster's Commentary: 

And one has to wonder; precisely when the Chinese government will give its order to move this oil,and what the ramifications are going to be.

Will the US government interdict the ship, and possibly start World War III with China?!?

Of almost every possible outcome here, this would be one of the most ham-fistedly, pig-headedly stupid decisions the Trump administration could make at this point.

Unfortunately, just because something would be the most ham-fistedly, pig-headedly idiotic decision this administration could make, is no guarantee that it will not do so.

Apr 30 14:23

A New Mega Cartel Is Emerging In Oil Markets

china and India—two of the world’s largest oil importers and the biggest demand growth centers globally—are close to setting up an oil buyers’ club to have a say in the pricing and sourcing of crude oil amid OPEC’s cuts and U.S. sanctions on Iran and Venezuela, Indian outlet livemint reports, citing three officials with knowledge of the talks.

This is not the first time that the two major oil importers are working to create such an oil club.

India and China have discussed creating an ‘oil buyers’ club’ to be able to negotiate better prices with oil exporting countries and will be looking to import more U.S. crude oil in order to reduce OPEC’s sway, both over the global oil market and over prices, India’s Petroleum Ministry said in June 2018.

Apr 30 12:59

Where the Silk Roads Meet the Mighty Mekong

Spiritual beginnings

It’s tempting to regard the bridge as a post-modern naga. In the inestimable The Enduring Sacred Landscape of the Naga, published by Mekong Press, Lao scholars Mayoury and Pheuiphanh Ngaosrivathana track the literally fantastic world of animated beings in the Mekong basin – totemized reptiles such as the serpent, or ngu, the salt-water crocodile (ngeuak) and supernatural beings such as the naga.

The new naga will take the form of Made in China high-speed trains – for passengers of course, but mostly for cargo – crossing the Mekong back and forth and crucially bypassing the Maritime Silk Road along the South China Sea.

The numbers by the Lao Ministry of Public Works and Transport are impressive – the Kunming-Vientiane high-speed railway, started in 2016 and to be completed in 2021, features 72 tunnels, 170 bridges and will have trains speeding along at 160 km an hour.

Webmaster's Commentary: 

The problem with the US's present administration; instead of making deals and building things up, the US is blowing things up, to regime change nations whose resources the US government wants to expropriate, and make sure that those resources will only be sold in American Currency.

There is a great deal about the Chinese government I really despise, but this ambitious, and almost visionary, long-term building project, really deserves respect.

Apr 30 09:55

The New Yorker Interviews Former Nat’l Security Director on How 5G is “Terrifying”: Cybersecurity, “Previously Unthinkable Surveillance Potential,” and Health Risks

By B.N. Frank

The New Yorker published an article yesterday – “The Terrifying Potential of the 5G Network.”

In 2018, Robert Spalding’s job as senior director for strategic planning at the National Security Council included studying ways to insure that 5G can be made secure from cyberattacks. He seemed more than qualified for the job. In his interview with The New Yorker, he provides intricate details of why we should all be freaking out over 5G regardless of who installs it. His warnings also go beyond cybersecurity risks...

Apr 30 08:36

White House’s Mulvaney says China trade talks will be resolved one way or another within two weeks

The Trump administration’s trade talks with China will be resolved within the next two weeks, White House chief of staff Mick Mulvaney said Tuesday.

The White House has pushed for a deal to revamp its trade relationship with China and address concerns about trade deficits, intellectual property theft and forced technology transfers. While the Trump administration has shown optimism about striking an agreement and ending a potentially devastating trade conflict between the world’s two largest economies, final sticking points have tripped up talks.

Apr 29 12:41

Two US Warships Sail Through Taiwan Strait In Dare To Beijing

With US-China trade talks set to resume this week amid what flashing red headlines, Larry Kudlow and Donald Trump's twitter account remind us every day, if not hour, is a sense of "optimism" about an imminent deal, on Sunday the US navy reminded Beijing to stick to the script (one in which Trump supposedly comes off as a negotiating giant), when it two warships through the hotly contested Taiwan Strait as the Pentagon increases the frequency of movement through the strategic waterway despite vocal and often time angry opposition from China.

While the voyage risks further raising tensions with China - at an especially sensitive time for trade negotiations - it will also be viewed by Taiwan as a sign of support from the Trump administration amid growing friction between Taipei and Beijing.

According to Reuters, the two destroyers were the William P. Lawrence and Stethem.

Apr 29 11:27

China's Xi Jinping Brings In More Than $64 Billion In Belt And Road Deal

Data from Refinitiv shows the total value of projects in the scheme stands at $3.67 trillion, spanning countries in Asia, Europe, Africa, Oceania and South America.

Apr 29 11:25

Russia Ready to Discuss New Nuclear Deal With US, China

One day after reports that President Trump was pushing for a new nuclear arms treaty with Russia and China, the Russian Foreign Ministry has issued a statement confirming that they, too, are willing to negotiate on the matter. China has yet to directly respond.

Yesterday’s report suggested that Trump’s primary goal for any treaty was to place new limits on Russia’s nuclear arsenal. Russia’s Deputy FM Sergei Ryabkov said that Russia wants a joint statement of all three nations repudiating any use of nuclear weapons.

Talk of new nuclear negotiations is a surprise after the US unilaterally withdrew from the Intermediate Nuclear Forces (INF) Treaty. Many feared this would usher in an era where disarmament talks just didn’t happen.

Apr 29 11:23

Trump Officials: China Gets No ‘Wind-Down’ Period for Cutting Iran Oil Purchases

In comments that may set up a catastrophic amount of fallout in international trade, officials from the Trump Administration say that China will absolutely not be given any time to “wind-down” their purchases of Iranian oil, nor any extensions beyond May 1.

Apr 29 08:54

Trade-Deal Narrative Shattered: White House Again Threatens To Walk Away From The Table

Though it was entirely ignored by the market, the latest US-China trade-deal headline, which hit late last night, shortly before Robert Lighthizer and Steve Mnuchin were set to leave for Beijing to begin what was supposed to be the 'final' round of talks, offers what has become an increasingly rare dose of pessimism right in the Bloomberg headline: With 'significant issues' still unresolved (despite Larry Kudlow's assurances that he was 'cautiously optimistic' about a deal breakthrough), President Trump is once again threatening to walk away "if he isn't satisfied with how talks are progressing."

Apr 29 08:28

Russia drops out of top 5 global military spenders while US and China up the ante

Russia has dropped out of the top five countries with the largest defense spend for the first time since 2006, according to new international data Monday.

Total world military expenditure rose to $1.8 trillion in 2018, according to new data from the Stockholm International Peace Research Institute (SIPRI), marking an increase of 2.6% from 2017 and the highest total spend since 1988.

Apr 28 09:52

Killing the dollar softly: China lobbies ASEAN on yuan use to expand economic influence

The Association of Southeast Asian Nations (ASEAN) and its East Asian partners consider adding Chinese and Japanese currencies to their $240 billion currency swap safety net, business journal Nikkei Asian Review reported.

It said the 10 members of the association along with China, Japan and South Korea will discuss the proposed change to the so-called Chiang Mai Initiative at a May 2 meeting of finance ministers and central bankers in Fiji.

Apr 28 07:52

Trump Officials: China Gets No ‘Wind-Down’ Period for Cutting Iran Oil Purchases

This will cause War. Thanks a lot Trump!

US expects China to stop buying oil by May 1
Jason Ditz Posted on April 26, 2019Categories NewsTags China, Iran, Trump
In comments that may set up a catastrophic amount of fallout in international trade, officials from the Trump Administration say that China will absolutely not be given any time to “wind-down” their purchases of Iranian oil, nor any extensions beyond May 1.

China is by far Iran’s largest customer, and would have by far the hardest time sourcing enough replacement oil on the market. These comments are likely to have an impact on the oil market, pushing prices higher, and more importantly, risking a US ultimatum on China.

Apr 27 12:09

Why Is China Destroying Liquidity?

Apr 27 10:58

China Unveils 'Marine Lizard' Amphibious Assault Drone Amid S China Sea Tensions

The stealthy vessel, named the 'Marine Lizard', has a maximum range of 1,200 km, a maximum speed of up to 50 knots, and can be controlled remotely via satellites, according to its creators.

The first production Marine Lizard amphibious assault drone boat was delivered to the military last week, the Global Times has reported, citing the vessel's developers.

Apr 27 10:55

In Laos, A Chinese-Funded Railway Sparks Hope For Growth — And Fears Of Debt

In Southeast Asia's only landlocked country, the Mekong River is a lifeline. From a slow boat heading up the river in Laos, you'll see fishermen working in their boats, riverside farms where bananas grow, and domesticated buffalo lazing. Occasionally a ferry chugs by. From time to time, steps leading to a riverside village become visible on the banks through the foliage. The wind is swift, and the brown fresh water laps up onto the side of the boat.

Just over 9 miles north of Luang Prabang, a startling aberration appears: five giant concrete pylons rising out of the water.

Red cranes top each of the pylons. A bridge is being built here. On either bank, the row of pylons continues until it almost hits the mountainsides, with scaffolding and other heavy construction equipment scattered below.

Apr 27 10:51

Watch: Chinese University Successfully Launches Hypersonic Rocket

The Shanghai Morning Post notes that Xiamen University is the first university in the world to have developed and flown a hypersonic rocket.

"We call [the design] the double waverider," said Zhu Chengxiang, an assistant professor at the university’s School of Aerospace Engineering and part of the Jia Geng No. 1 team.

Unlike American hypersonic rockets such as Boeing's X-51 Waverider, which rides on a hot layer of gas known as a "shock wave," the Jiageng-1 No.1 rides on two layers of shock waves, one underneath the rocket and the other in the air intake of its ramjet engine.

The Jiageng-1 No.1 has several innovative advantages over Western hypersonic rockets: it can transition from supersonic to hypersonic speeds with ease, and the design produces more lift allowing it to travel further with more efficient fuel consumption.

Webmaster's Commentary: 

Meanwhile, in US universities, students cannot decide what gender they are!

Apr 27 09:33

Xi Jinping Says China's Belt And Road Initiative Is Not Saddling Poor Countries With Debt

Apr 26 10:56

Trump Eyes Major Nuclear Deal With Russia, China - Reports

The White House is in intense talks on options for the US president to pursue a deal building on the New START Treaty, which expires in 2021, officials have told CNN.

US President Donald Trump is eying a new potential signature foreign policy achievement: a grand nuclear deal with Russia and China, according to CNN.

"The President has made clear that he thinks that arms control should include Russia and China and should include all the weapons, all the warheads, all the missiles", a senior White House official told CNN.

Donald Trump prides himself on being a great dealmaker. “Deals are my art form. I like making deals, preferably big deals”, he has been known to say. Now the US president is said to be publicly hinting that a deal is on his agenda.

Apr 26 10:42

Putin arrives in Beijing

Russian President Vladimir Putin has arrived in China to take part in the One Belt One Road international forum on April 26-27.

Putin’s working program will begin on Friday. Together with his Chinese counterpart Xi Jinping, he will speak at the opening ceremony of the forum in Beijing's National Convention Center. The Russian leader will also hold a series of meetings, specifically, with the leaders of Azerbaijan, Serbia, Egypt and Cyprus and Myanmar’s foreign minister. Putin’s bilateral talks with Xi Jinping are due to be held too.

The forum’s three working sessions are scheduled for April 27. Putin plans to address one of them.

Apr 26 08:26

China deploys H-6 bomber in Tibet, just 200 kilometers from border with Sikkim

Despite the bitter Doklam standoff with India in the recent past, China is still quietly building up its military presence in Tibet and upgrading many airfields for military use. According to the latest Indian intelligence agencies' report, China has deployed one of its deadliest H-6 bomber in Hoping airfield of Tibet Autonomous Region (TAR).

Apr 26 03:46

China Goes GAGA For Coal Fired Power Plants

Apr 25 13:46

China Holds The Gold And Will Make The Rules

Apr 25 10:54

Chinese university successfully launches AND lands a HYPERSONIC rocket capable of travelling faster than five times the speed of sound

A Chinese university claimed to have launched and landed a hypersonic prototype rocket that could travel faster than five times the speed of sound.

The success of the experiment means that Chinese engineers are one step closer to building a full-fledged rocket that is capable of flying faster than 6,174kmh (3,836mph) and be recycled.

Although the project is reportedly funded by the military, the university says its aim is to help researchers build a hypersonic passenger plane that could reach anywhere in the world within two hours.

...

The rocket, named Jia Geng No. 1, reached a maximum altitude of 26.2 kilometres (16.3 miles) - about one-third of the way to space - before returning to the ground during the landmark launch on Tuesday over Gobi Desert, said the Department of Aeronautics and Astronautics of Xiamen University.

Apr 25 10:46

Washington Not Happy About New China Focus on Central America

As it becomes clear that the Trump Administration support, so far unsuccessful, for regime change in Venezuela is also very much about targeting the huge financial presence of China with the Maduro regime, recent news of a major Chinese oil success in Cuban waters will clearly deepen the geopolitical tensions. And it involves not only Venezuela, Guyana and Brazil.

China’s major state-owned oil company, CNPC, through its subsidiary, Great Wall Drilling, has begun exploring for oil off Cuba’s coast in a joint venture with state-owned oil firm Cuba Petroleum Company (CUPET), according to an April 16 report in the China state news agency, Xinhua. Great Wall has been engaged in oil exploration in Cuba since 2005, but this is the most promising result to date. Advanced drilling technology from CNPC has opened the prospect of major oil off Cuba for the first time.

Apr 25 10:26

Bannon And Bass: "China Is Most Significant Existential Threat The US Has Ever Faced"

Perhaps out of concern that his former boss might be pushing Robert Lighthizer and Steve Mnuchin to cave on enforcement, technology transfers and market access for the sake of securing a deal with Beijing, former White House Chief strategist Steve Bannon appeared alongside hedge fund manager Kyle Bass, Wall Street's most visible China bear, to try and explain why Washington needs to stick to its guns and make sure Beijing is held to account for its decades of trade abuses.

Bass, who just the other day distributed his first investor letter in three years warning about a coming blowup in Hong Kong's balance of payments, argued that the immense pressure for Trump to strike a deal isn't coming from voters, but from Wall Street and corporate America, who have abetted Beijing in its efforts to maintain the status quo on trade - selling out their country in the process.

Webmaster's Commentary: 

I am hoping (and praying) that this can be fixed diplomatically, rather than through any kind of engagement of war; because looking at the American trade position here, I am grimly reminded about Karl Marx's observation, when he warned his future readers, that all wars are economic in their origin.

And right now, the US military does not have the weaponry; the money; the manufacturing; or the troop strength to win a conventional war against China.

And President Trump; IF your advisors are telling you the truth, this is what they will be saying to you, regarding a potential war with China; just don't go there, at least, Mr. President, not right now.

Apr 25 09:46

US diplomat pleads guilty in China spying case

A former US diplomat pleaded guilty Wednesday to lying to investigators about money she received from Chinese intelligence agents in exchange for US documents, the Justice Department said.

Candace Marie Claiborne, 63, was a Department of State office management specialist based in Beijing and Shanghai who became involved beginning in 2007 with two men the Justice Department said she knew were agents of China's Ministry of State Security.

They gave her "tens of thousands" of dollars in cash and gifts in exchange for documents and information on State Department activities, it said.

Claiborne was arrested two years ago following an investigation but was not charged with espionage.

Apr 25 06:24

Communist Chinese embedding spies in cancer centers to steal U.S. government-funded cancer research

When you think of jobs that are serving the greater good, cancer researchers often come out near the top given the potential to save millions of lives. However, not all of them have such pure aspirations. Two tenured scientists at a renowned cancer hospital in the U.S. were recently fired because of their involvement in a Chinese effort to steal American research.

Apr 25 00:23

NZ Trade Minister David Parker seeks urgency for China free trade agreement upgrade

Trade Minister David Parker and Commerce Minister Zhong Shan have directed officials to complete negotiations on the upgrade of the China free trade deal as soon as possible.

The directive came during talks between Parker and Zhong in Beijing.

"We both agreed that in order to make good on the commitments that have been made by Premier Li and Prime Minister Ardern that we conclude the upgrade to the free trade agreement as soon as possible," said Parker. "That we instruct officials to progress that as soon as possible."

The next round of negotiations on the FTA upgrade have been scheduled for early May in Wellington.

Apr 24 11:43

China and India Lead the Way in Greening

The world is literally a greener place than it was twenty years ago, and data from NASA satellites has revealed a counterintuitive source for much of this new foliage. A new study shows that China and India—the world’s most populous countries—are leading the increase in greening on land. The effect comes mostly from ambitious tree-planting programs in China and intensive agriculture in both countries.

Apr 24 09:14

The Second Belt And Road Forum: A Transformation Of The World Economic Order

From April 25-27 Beijing will host a second international forum on the Belt and Road Initiative and it won’t be a small deal.

The four weeks preceding this event have seen an incredible surge of nations and institutions joining the BRI framework beginning with Italy’s Memorandum of Understanding as the first G7 nation in March, followed soon thereafter by Luxembourg and Switzerland. Weeks later, China won another victory by consolidating billions in infrastructure deals with the 16+1 Central and Eastern European Nations who have signed onto the BRI. This particular forum was especially important as it saw Greece join the alliance changing the name to the 17+1 group. Greece’s official participation in this bloc extended the group beyond its nominal “central and eastern” geographical limits and the importance of Greece- whose Port of Piraeus and emerging rail infrastructure funded by China provide a key bridge in the Maritime New Silk Road to Europe.

Apr 24 09:13

Deadly swine fever spreads across all China, threatening massive pork shortage

African swine fever has spread all across China’s mainland, threatening the country’s entire sprawling hog industry and the global supply of pork. The epidemic broke out nine months ago but still appears to be uncontained.

It has now reached China’s southernmost province of Hainan – which had thus far been spared from swine fever. Over 140 pigs have already died from the disease at six farms in the province, the Ministry of Agriculture and Rural Affairs said on Sunday.

Apr 24 09:07

A Summer of Confrontation Looms in the South China Sea

It is obvious that the US armed forces are gearing up for a summer of confronting China, and that this is going to be effected on land, by sea, and in the air. But provocation cannot be accepted indefinitely.

Freedom of Navigation is most important, and the United Nations Convention on the Law of the Sea lays down that “The high seas are open to all States, whether coastal or land-locked. Freedom of the high seas is exercised under the conditions laid down by this Convention and by other rules of international law.”

The generally accepted definition of freedom of navigation is “the right recognized in international law especially by treaties or agreements for vessels of one or all states to navigate streams passing through two or more states.”

Apr 23 10:04

Hezbollah: US Iran Sanctions Amount to Aggression Against Entire World

The secretary general of the Lebanese Hezbollah resistance movement denounced US economic sanctions against Iran, describing the punitive measures as “an act of aggression” against all world nations.

“US efforts to increase economic pressure on Iran, especially its pledge to drive the country’s oil exports to zero, will have negative repercussions and will affect the entire world, including the US itself,” Seyed Hassan Nasrallah said as he addressed his supporters via a televised speech broadcast live from the Lebanese capital Beirut on Monday evening, presstv reported.

He then called on world nations to stand up against “US arrogance”>>>

(*take it easy on him fellas , he came down from The Exoneration Euphoria . be grateful you don't live in A US Blue State , is all I can tell you !)

Apr 23 09:35

No more waivers: The United States will try to force Iranian oil exports to zero

In tightening sanctions on Iran, the Trump administration moved on Monday to isolate Tehran economically and undercut its power across the Middle East. But the clampdown has complicated relations with China at a particularly sensitive moment.

The decision to stop five of Iran’s biggest customers from buying its oil was an audacious strike at Tehran’s lifeline — one million barrels of oil exports daily, fully half of which go to China. The order was also aimed at India, Japan, South Korea and Turkey, all countries that trade robustly with the United States.

All are also partners with the United States on major security and diplomatic issues that do not involve Iran.

Webmaster's Commentary: 

So, let me get this straight; Is President Trump is attempting to use some kind of "economic force against China", so that it yields on purchasing Iran's oil?!?

Good luck with that, Mr. President!! And BTW, I was just wondering; what do you up your sleeve, in order to be able to do this?!?

And BTW, could your timing of this threat come at a worse possible time during the US/China economic negotiations?!?

I think not.

And also against the countries of India, Japan, South Korea and Turkey, which have been buying from American vendors?!?

Sir, forgive me, but this bites, BIG-TIME!!

So, sir, what are you prepared to do, particularly if China doesn't want to budge against your embargo of Iranian oil?!?

Are you seriously looking at, having US sailors "board foreign ships", to see if they are carrying any Iranian oil?!?

Sir, in case no one among your "advisors" has happened to mention it, the interdiction of a foreign ship in international waters, is very close to creating to a declaration of war against that country.

Perhaps a "false flag" to be blamed on Russia or China may be more to your liking.

But when President Bush lied about Iraq having alleged "weapons of mass destruction", (which, of course, he didn't, but that was the lie upon which which he staked the invasion and occupation of Iraq.) was the moment where I lost all faith in what any American governing bodies were saying, including the Executive; Judicial; Pentagon; and its Surveillance.

So what are we looking at here, Mr. President, a nuclear war against China, and Russia?!? Don't laugh; Paul Craig Roberts warned us a couple of years ago, that plans actually exist to make this happen.

This guy is one of the most sober-sided writer/reporter on the US political scene, and is quite credible.

Paul Craig Roberts: US plans exist to nuke Russia and China

War, even when the biggest US weaponry makers believe, and experience has proven them right, that their "donations" to various covert and overt political causes, makes them "bullet-proof" in terms of any governmental prosecution against them, for shoddy, outdated merchandise which does not behave as advertised?!?

Sir, I give you... the Lockheed-Martin F-35s, which is still a hot mess
technically:

August 2018: The Pentagon is Down-Playing Serious Problems with the F-35, watchdog says

January 2019: Stealth F-35 Joint Strike Fighter Still has some serious Problems

March 2019: F-35 FAR FROM READY TO FACE CURRENT OR FUTURE THREATS

From January, 2019:F-35 Logistics System resulting in Lost Missions

February, 2019: F-35 Fighter Jets will only be able to fly one quarter of expected life, due to Structural Issues

None of this information is confidential, having been previously published, both in print, and on-line. And please look them up for yourself; I am not telling anything that people already don't know, if they have been following the "process" of the evolution of the F-35.

Mr. President, you really need to think about this, as critically as you are able; because right now, in Spring of 2019, the US military does not have the weaponry; the troop strength; the manufacturing, or the money to make such a war conclude with a good outcome for this country.

So, as someone who cares about this country deeply, I am asking you: please, President Trump, don't look at a war against both China and Russia; the US may not fare too well, if this is, in fact, the plan.

And here is another little "caveat" to the above:

China Won't Find Lost F-35 stealth Fighter,

The article, Mr. President, continues to state: "The U.S. and Japanese militaries are dismissing the possibility that China will find Japan’s missing F-35A Lightning II aircraft before their own search parties.

“The Japanese have the lead there, and we’re working very collaboratively with them," acting Defense Secretary Patrick Shanahan said Friday. "And we’ve got a capability if what they have doesn’t prove to be sufficient.”

When asked whether he was concerned China could get to the crash site first, Shanahan said: “No, I’m not.”

Somehow, I have a really hard time believing that last bit.

Apr 23 09:15

Are China’s Crude Reserves Quietly Dwindling?

Apr 23 08:27

Oil Price Hits Fresh 2019 High After US Ends Waivers for Importing Iran Oil

Brent crude oil price on Tuesday rose to its highest level this year, just hours after Washington decided not to renew waivers that allow eight countries to buy Iranian oil without facing the United States' punishment.
Brent, the international oil benchmark, rose 0.8 percent to $74.64 in early European trading on Tuesday, adding to gains on Monday to reach its highest level since early November.

On Monday, West Texas Intermediate (WTI), the US marker, crude futures hit their highest level since October 2018 at $65.95 per barrel before edging back to $65.89, which was still up 0.5 percent from their last settlement. On Tuesday, West Texas Intermediate increased 0.9 per cent to $66.13.

>>>

Apr 23 06:53

Politicizing Oil, Big US Mistake

Iranian Oil Minister Bijan Zangeneh said the US had made a big mistake by politicizing the oil market, and vowed Tehran's maximum effort to break Washington's sanctions.

Addressing the Iranian parliament on Tuesday, Zangeneh elaborated on the US decision to end waivers on Iran oil sanctions and the latest status ruling the oil market, and said, “Today, in this aggressive economic war that the United States has launched against Iran, the Iranian nation, the oil industry is on the forefront of this outrageous offensive. We must all join hands to pass these grave conditions behind with the help of God.”

“The imagination to bring Iran’s oil exports to zero, with the help of God, will never be come true,” he said.

“The state of supply and demand is fragile in the current oil market, and the statements issued by the United States and its regional supporters to ensure the market in order to prevent rising oil prices, more than anything, betrays their concern for instability and fragility of the market”>>>

Apr 23 06:44

US Sanctions on Iranian Oil to Worsen Situation in Mideast, Cause Chaos at Energy Markets

Beijing on Tuesday once again lashed out at a US decision to end sanctions waivers it granted to some importers of Iranian oil, warning that it will fuel the “turmoil” in the troubled Middle East and in the global energy markets.

Calling the Washington decision a violation of Beijing's interests, Chinese Foreign Ministry Spokesperson Geng Shuang said the US is operating outside its jurisdiction in unilaterally imposing the sanctions.

“China firmly opposes the US implementation of unilateral sanctions and its so-called long-armed jurisdiction”>>>

Apr 22 14:21

China says consistently opposes unilateral U.S. sanctions on Iran

China consistently opposes unilateral U.S. sanctions against Iran, the Chinese foreign ministry said on Monday amid reports that Washington is expected to announce that buyers of Iranian oil must halt imports soon or face sanctions.

Ministry spokesman Geng Shuang, speaking at a daily news briefing, said China’s bilateral cooperation with Iran was in accordance with the law.

China is a major importer of Iranian oil and was one of eight buyers who were granted a waiver by the United States to continue buying Iranian oil.

Apr 20 15:17

Chinese Spies Recruiting Anti-Trump Radicals From Inside U.S. Intelligence Community…

Very interesting details from a former CIA agent…

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